Retailers, beware: US economy could take hit with student loan payments resuming

Just as the American economy is struggling with high inflation and interest rates, the coming resumption of student loan payments poses yet another potential challenge.

Fed may tighten financial rules after US bank failures, Powell says

The collapse of Silicon Valley Bank, Signature Bank and First Republic Bank exposed different vulnerabilities that the Fed will likely address through new regulations.

'We are still useful': Retired Ohio grandma becomes pool lifeguard amid shortage

“I think the U.S. has not done a good job of utilizing our older adults. The old joke was to become a Walmart greeter after you retire, but I think the opportunities are much greater," Gail Rodgers, 66, said.

Powell expects more Fed rate hikes because of persistently high inflation

Chair Jerome Powell reiterated that the Federal Reserve will likely raise interest rates at least once more this year because of persistently high inflation in the economy’s service sector and the surprisingly tight job market.

Know any airplane mechanics? Wave of retirements leave some US industries desperate

A surge of retirements, along with a slowdown in immigration that began during the pandemic, are the primary factors behind the labor shortages that continue to bedevil many employers.

Debt ceiling deal includes new work requirements for SNAP: How they work

The bipartisan debt ceiling deal struck by President Joe Biden and House Speaker Kevin McCarthy would modify the work requirements for food stamps and welfare.

Debt ceiling: House OKs bill to avoid default, sends Biden-McCarthy deal to Senate

The House has approved the debt ceiling and budget cuts package, sending it to the Senate. President Joe Biden negotiated the deal with Speaker Kevin McCarthy to avert a U.S. default crisis.

Debt ceiling: Bill on its way to House floor after clearing key hurdle

Under fire from conservatives, House Speaker Kevin McCarthy is hunting for votes from fellow Republicans for the debt ceiling deal.

Workers believe time off is more important than health insurance, survey finds

The Pew Research Center conducted a detailed study to learn how Americans feel about their jobs ranging from compensation and benefits to job satisfaction.

These billionaires are worth more than the US Treasury has in cash, report says

The cash balance at the U.S. Treasury is lower than the net worth of some of the world's richest people, according to the Bloomberg Billionaire Index.

Debt ceiling deal: Here's what's in, what's out of the bill to avert US default

Details of the deal between President Joe Biden and House Speaker Kevin McCarthy are out. But the two leaders still have to persuade Congress to pass the bill.